The Luumäki property, originally a pellet manufacturing plant, located in southwest Finland and represents ReFactory Properties’ first major acquisition. Acquired in May 2023, this 9,700-square-meter facility has been transformed into a modern, multi-tenant industrial hub through extensive redevelopment efforts.
Following its acquisition, significant upgrades were made, including land expansion, roofing enhancements, boiler renovations, and ground preparation for biomass storage. These improvements have revitalized the property, making it a dynamic and versatile space for industrial operations. Now hosting a diverse range of tenants, the Luumäki property continues to evolve, with plans to further expand its capacity and enhance operational efficiency.
By leveraging its existing infrastructure and providing tailored solutions, it has become a vital center for industrial activity and growth. The Luumäki property is a shining example of ReFactory Properties’ commitment to sustainable redevelopment and fostering economic value for businesses and the surrounding community.
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